question re minis, page-4

  1. 641 Posts.
    Yes BHPKOD hit the stop loss a few days after the strike price jumped with no explanation. There were no dividends, rights issues, or any other events. BHP was still in its uptrend when it was stopped out due to the strike price jump. You can verify the price jump on asx announcements for CTW -see the 30+ page document. I'm glad I didn't buy these. I would have lost 50% despite making the right bet! BHP has since fallen back so it may have been stopped out by now anyway, but these warrants were stopped out before the trend reversal in BHP's share price. I won't be buying any warrants if the issuer can just steal half your money like this!
 
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